Program Overview

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Course Overview

Course Details

The course code for Econometrics is S陯1005. It is a foundation course, level I, with 7.5 credits. The course starts in the autumn of 2025 and lasts for one semester. The language of instruction is English and Norwegian, and the course is located in Trondheim.

Course Content

About the Course

The course builds upon the bachelor course in statistics (S陯1004) and provides students with the necessary skills for analyzing and interpreting data, both in the univariate and in the multivariate case. Students will learn to distinguish random variation from systematic variation and causality from correlation.

Learning Outcome

Knowledge

• Define basic concepts underpinning data analysis, such as mean, variance, and hypothesis testing.
• Define and derive the Ordinary least squares estimator (OLS).
• Present the basic assumptions underlying the OLS estimator.
• Evaluate the credibility of causal claims in simple empirical applications.

Skills

• Obtain summary statistics, tests, and regression estimates.
• Interpret summary statistics and basic regression results.
• Criticize and evaluate simple empirical applications.
• Write simple statistical programs with statistical and econometric software.

General Competence

• Describe data and economic relationships based on data.
• Distinguish correlation from causation.
• Acquire basic programming skills.
• Develop a reflective and critical approach to the practice of data analysis in economics.

Learning Methods and Activities

The course consists of 2 hours of lectures every week and 2 hours of practical assignments every other week. The course has compulsory activity, with specific requirements announced at the beginning of the term.

Evaluation

Compulsory Assignments

• Compulsory activity.

Further on Evaluation

The course is evaluated through a 4-hour written school exam. Compulsory activity must be completed in the semester the course is taught, and the approval also applies to later semesters.

Previous Knowledge

Recommended Previous Knowledge

S陯1004.

Required Previous Knowledge

None.

Course Materials

Course materials are announced at the beginning of the term.

Credit Reductions

The course has academic overlap with the following courses:

• S陯2901 (5 sp) from Autumn 2020.
• MET2010 (4 sp) from Autumn 2023. If you take overlapping courses, you will receive a credit reduction in the course where you have the lowest grade. If the grades are the same, the reduction will be applied to the course completed most recently.

Subject Areas

• Financial Economics.
• Economics.
• Social Sciences.

Examination

Examination Arrangement

The examination arrangement is a school exam, with a grade given in letter grades.

Ordinary Examination - Autumn 2025

• School exam.
• Weighting: 100/100.
• Examination aids: Code H.
• Date and Time: 09:00.
• Duration: 4 hours.
• Exam system: Inspera Assessment.

Ordinary Examination - Spring 2026

• School exam.
• Weighting: 100/100.
• Examination aids: Code H.
• Date and Time: 15:00.
• Duration: 4 hours.
• Exam system: Inspera Assessment.